The progress of market economy will inevitably lead to the diversification of economic behavior and financial assets. With the deepening of China's economic system reform and the further strengthening of enterprise autonomy and management rights, there is an urgent need for the emergence of trust to meet the special requirements of distinguishing economic relations and economic interests in its flexible and diverse ways. Raising funds from other departments and enterprises through trust business can not only meet the certain purposes and requirements entrusted by the client, but also enable the trustee to accumulate funds in accordance with the national industrial policy and the needs of invigorating the economy, supporting social reproduction and promoting the progress of the socialist market economy.
Second, use various channels to gather social idle funds.
With the development of market economy and the expansion of currency circulation, there are more and more intermittent funds. It is not enough to rely solely on banks to use these funds. As a financial business, trust also has the function of raising funds. Trust uses its flexible operation mode to absorb the labor insurance funds of labor insurance institutions, funds of various societies and scientific research institutions, and entrusted funds independently controlled by various competent departments according to relevant national norms, giving full play to the functions of financial management and operation management, and effectively using trust funds to meet the requirements of entrusted units. At the same time, the trust can also use the means of issuing stocks, bonds and collecting and paying by proxy to raise social idle funds and promote the progress of the socialist market economy.
Third, promote the production progress of enterprises and accelerate the circulation of goods.
Trust is a multilateral credit relationship, which is both a related party and an intermediary, and can give full play to the intermediary role of financial management and financing. The emergency business of the trust is "entrusted by the trustee to manage the money on his behalf". Through the development of trust business, it provides a new credit tool for the competent units, large enterprises and scientific research institutions to "change loans into loans", promotes the transformation of funds from free use to paid use, overcomes the idea that enterprises rely on the competent authorities in the source of funds to a certain extent, reduces the waste of funds, enhances the sense of responsibility and urgency of users, and is conducive to improving economic benefits. At the same time, due to the frequent occurrence of credit sale, installment payment, advance payment, etc. between enterprises in economic exchanges, triangular debts are inevitably formed, thus causing mutual arrears between enterprises. Trust institutions can use their many business contacts with financial institutions to collect debts on behalf of enterprises, alleviate triangular debts, promote the production progress of enterprises, accelerate the capital turnover of enterprises and accelerate the circulation of goods.
Four, vigorously develop the agency business, to provide all-round services for the society.
Agency business is a kind of trust business. Because the trust industry is closely related to all aspects of economic exchanges, with mature management technology and high credibility, it is of great significance for trust institutions to hold agency business to facilitate customers and meet the needs of all sectors of society. Trust institutions can make up for the lack of experience and ability in property disposal and capital utilization, reduce enterprise costs, speed up capital turnover and meet various requirements for property management and disposal. In the process of accepting agency business, trust institutions can find problems in enterprise management from agency behavior, or from economic data provided by enterprises, and make suggestions to enterprises in time to help enterprises improve their management and strengthen economic accounting. The development of agency business by trust institutions not only broadens the business scope, but also provides all-round services for the society, supplements the deficiency of banking business and promotes economic progress.
Five, actively carry out leasing business, and promote the technological transformation of enterprises.
Because leasing can get the required technical equipment in time without a large amount of investment, and can maintain the advanced nature of technical equipment, and at the same time, leasing imported technical equipment can get good service and avoid the impact of inflation, so leasing is increasingly favored by enterprises. Trust industry regards leasing industry as an important business to develop. Trust institutions advance funds to purchase the equipment needed by users, and then rent it to users for use. Users use their own economic benefits to pay the rent for equipment use. In this way, enterprises can implement equipment renewal in time and effectively, thus promoting the technological progress of enterprises and speeding up the upgrading of products.
Six, the trust business is conducive to promoting China's opening up.
Since the reform and opening up, China's economic construction has made great achievements, but compared with western developed countries, there is still a big gap in economic and technological aspects. This requires China to accelerate the pace of reform and opening up, vigorously develop foreign trade, introduce foreign advanced technology and equipment, and carry out international economic cooperation. In these behaviors, many domestic enterprises are eager to find partners, understand customer information and master the international market. At the same time, various foreign institutions and customers are also eager to know the credit status and product information of domestic enterprises. Trust institutions can make use of their own advantages to bridge the gap between domestic and foreign parties through consulting and information investigation, communicate and assist domestic and foreign parties to reach agreements and sign economic contracts; Accept the entrustment of foreign businessmen and introduce foreign capital; Operate other agency business, carry out foreign economic and technological exchanges, and accelerate the process of market economy in China.
Seven, open up new financing channels to promote the development of China's financial market.
At present, China's financing mode has changed, that is, from indirect financing mode to direct financing mode. This is because, on the one hand, with the breaking of the fund management system of unified revenue and expenditure, the proportion of fiscal revenue to national income and the proportion of infrastructure investment to fiscal expenditure are declining. Enterprises can no longer rely on financial allocation as in the past and must increase their ability to raise funds independently, but a single asset structure is far from meeting the needs of enterprises to raise funds independently. On the other hand, after enterprises expand their autonomy, the disposable monetary income of enterprises and individuals increases, and the responsibilities and rights of enterprises also increase. Idle monetary funds can not all be concentrated in banks, and the amount of funds outside the banking system increases, which poses a severe challenge to the single asset structure. Therefore, the reform of China's financial structure requires us to actively develop direct financing and raise funds directly from the society by issuing stocks and bonds. By issuing stocks and securities on their behalf, trust institutions help enterprises solve the capital needs in the production process and circulation process, and at the same time promote the progress of financial markets by buying and selling securities on their behalf.
Eight, is conducive to promoting the enterprise management of trust institutions.
Trust institutions have been facing a competitive environment since their birth. If they want to be invincible, they need to implement enterprise management, strengthen management, reduce costs and adopt flexible and diverse ways to meet the different needs of customers.